Innovate UK is to invest up to £800,000 in technical feasibility studies that explore the operational and financial feasibility of integrating planned new or retrofit infrastructure projects into other urban systems in a beneficial way.
Infrastructure projects traditionally find it difficult to look beyond their own system – usually because integration into other systems is not seen as being critical to the success of a project. Yet, integration of infrastructure systems is a significant commercial opportunity. This competition seeks to take advantage of existing investment in major infrastructure projects to test out new concepts in integration across city systems, which create long-term success and maximise value for all stakeholders.
Projects must be led by a business and be collaborative. Small businesses could receive up to 70% of their eligible project costs, medium-sized businesses 60% and large businesses 50%.
We expect projects to last 9 to 12 months and to range in size from total costs of £50,000 to £75,000, although we may consider projects outside this range.
This competition opens on 12 October 2015 and the deadline for applications is at noon on 25 November 2015.
The briefing day for potential applicants will be held in London on 13 October 2015. A webinar will also be available.
More information on this competition can be found online here.